Fortinet shares surge more than 15% after earnings, outlook beats

📆 08/02/2023 03:03:00
📰 MarketWatch

⏱ Reading Time:
21 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Fortinet shares rallied in the extended session Tuesday after the cybersecurity company's earnings topped Wall Street estimates.

Fortinet Inc. shares rallied in the extended session Tuesday after the cybersecurity company’s earnings topped Wall Street estimates, and its outlook forecast a slightly better-than-expected year.

Fortinet FTNT shares surged as much as 18% after hours, following a 3.4% rise in the regular session to close at $53.78. Revenue rose to $1.28 billion from $963.6 million in the year-ago quarter, while billings rose 32% to $1.72 billion. Fortinet forecast earnings of 27 cents to 29 cents a share on revenue of $1.18 billion to $1.22 billion for the first quarter, on billings of $1.42 billion to $1.47 billion.

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks making the biggest moves after hours: Chipotle, Enphase Energy, Fortinet and moreThese are the stocks posting the largest moves in extended trading.
La source: CNBC - 🏆 12. / 72 Lire la suite »